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Question 74

Multiple Choice

Solve the problem. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
-Chang bought a bumper marked up 35.9% based on selling price at a local auto repair shop. If the markup is $15.46, find (a) the selling price, (b) the cost, and (c) the markup as a percent of the cost.


A) (a) $43.06
(b) $58.52
(c) 26.4%
B) (a) $58.52
(b) $43.06
(c) 35.9%
C) (a) $27.60
(b) $43.06
(c) 35.9%
D) (a) $43.06
(b) $27.60
(c) 56.0%

Correct Answer:

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